Answer:
5.85 years
Step-by-step explanation:
Overall number of associates employed = 117
Number of associates employed per year = 20
Average = Total number of associates employed ÷ number of associates employed per year = 117 associates ÷ 20 associates per year = 5.85 years
Answer: 5.85 years
Therefore, an average associate is employed for 5.85 years.
Step-by-step explanation:
Given:
Rate of employment yearly = 20 associates per year
Total number of associates = 117 associates
Since the total number of associates remain constant the rate at which they employ new associates is equal to the rate at which associates leave = 20 per year
If 20 new associates are employed in a particular year it would take aan average of :
Average employment year A = total number of associates divided by the rate at which associates leave
A = 117/20
A = 5.85 years
Therefore, an average associate is employed for 5.85 years.
